I am so grateful for Kellys tremendous generosity and leadership, says McCombs dean Lillian Mills. Kelly Steckelberg brings to Zoom extensive leadership and finance experience. Kelly will be responsible for developing and growing the financial infrastructure, teams, and processes that Zoom needs to continue our growth trajectory. The most Steckelberg families were found in USA in 1920. Chief Information Security Officer. Steckelberg brings to Zoom extensive leadership and finance experience. And one small company is building them for the Pentagon! Zoom Video Communications CFO Kelly Steckelberg joins Dan Howley to discuss Zoom's success in 2020 and why it was chosen to be Yahoo Finance's Company of the Year. Very quickly, as a finance team, we realized that we had to pivot, so we implemented a process where we were meeting with our business partners every week, sometimes twice a week, so they could come to us and request resources., Another key consideration was to add necessary resources in a sustainable way. It seemed like a great opportunity to get my masters done all at one time, she says. She headed to what turned into more than 15 months living with her sister, brother-in-law, their two daughters, and two dogs in Southern California. of 150,120. Above is the net worth, insider trading, and ownership report for Kelly Steckelberg. Wendy Bergh. Are you working on any exciting new projects now? With the help of the stalled travel industry, Zoom's full-year revenue quadrupled in 2020 from 2019. Eric Yuan, CEO of the San Jose company, said in a note to employees that his board investigated anonymous claims that arose last week about CFO Kelly Steckelberg having an "undisclosed, consensual . Most recently, she was CEO of Zoosk, where she previously held positions of CFO and COO. The relationship between Kelly and Eric reinforced her belief that "the longer your career, the more you realize how important it . . Specs 1,736 square feet, 2 bedrooms, 3 bathrooms. The shares were sold at an average price of $78.60, for a transaction totalling $253,406.40. University Development Office 2022 | The University of Texas at Austin. Can you please give us your favorite Life Lesson Quote? 7. Records reveal shes since taken a shine to Malibu, where the 52-year-old recently dropped $12.5 million on a Broad Beach lot. , I n just her second job out of college, Kelly Steckelberg, BBA/MPA '91, set a goal: to become the chief financial officer of a publicly traded company.. She met that goal in 2019 when, as CFO, she helped take the technology startup Zoom public. While I visited bankers in person, Eric S. Yuan, Zooms CEO and founder, joined the majority of our meetings using Zoom. In summary, during the past 3 months, insiders sold 31,375 shares of Zoom Video Communications Inc (ZM) in total and bought 0 shares, with a net Its easy, reliable, and innovative video-first unified communications platform provides video meetings, voice, webinars, and chat across desktops, phones, mobile devices, and conference room systems. Finally, diversity needs to be demonstrated and celebrated in the workplace. Its XM Platform is purpose-built to help organizations collect feedback and data across the four vital signs of a business: Customers, Employees, Brand, and Product. Video conferencing startup Zoom has moved to address previous workplace indiscretions by CFO Kelly Steckelberg ahead of its IPO. sale and The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Zoosk, Inc., a leading global online dating platform, today announced that it named Kelly Steckelberg as chief executive officer, effective immediately. That was when many Americans started working from home, and Zoom was on its way to becoming a household name. According to Forbes, shes now one of Americas richest self-made women, boasting an estimated net worth of $415 million. sale We are so lucky to have her on our leadership team.. Can you tell us the backstory about what brought you to the Banking/Finance field? The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Can you share how that was relevant to you in your life? Kellys top piece of hiring advice is simple: Trust your instincts. If youre a valued employee, the best way for you to get experience is with your current company. At Zoom, she makes a conscious effort to give her team cross-functional experience when they express an interest. One person who stands out is Mike Everett, the former CFO of Webex. We all have so many experiences to draw on and what you have to do is make sure that, no matter what environment youre in, youre adapting your experience for the here and now.. There are 6 older and 11 younger executives at Zoom Video Communications Inc. Can you share with our readers the most interesting or amusing story that occurred to you in your career so far? An important one was introducing more frequent check-ins to keep capital flowing to the right places. It was an amazing period of time where every Zoom employee just rallied and did everything they could. I think McCombs helped me do well.. sale Resolve to give your finance team a better accounts payable user experience for 2023. The estimated Net Worth of Janine Pelosi is at least $80.9 Million dollars as of 13 August 2021. When you start to see your strategy come together, its really rewarding., After Zoosk, she expected to take a break, but within two days of updating her LinkedIn profile, she heard from a former colleague who would change her life. General Manager, Online Business. I had four years of home economics and I was also, by the way, the president of Future Homemakers of America, which is really funny if you know me because Ive obviously gone on a different trajectory in life.. Wisconsin had the highest population of Steckelberg families in 1880. During the past 18 months, 4,532,049 shares of Qualtrics International Inc (XM) were sold and 2,089,193 shares were bought by its insiders, resulting in a net $100M Series D funding round from Sequoia, revenue growth of 150 percent and a customer base increase of 100 percent. At each stage in her career, she has looked for opportunities that would broaden her skill set. One of my friends told me, Ive never interviewed for a job that I didnt get. For me, public accounting was a really great start to my career because of the exposure that I got to the wide range of different industries.. The estimated net worth of Kelly Steckelberg is at least $466,454.00 as of September 1st, 2021. Kelley Steckelberg, MPA '91, is the CFO of Zoom. Zoom CFO Kelly Steckelberg joins Yahoo Finance Live to discuss company earnings, growth, work-from-home stocks, innovating the collaboration experience, and the outlook for Zoom. Dive Brief: Zoom Video Communications on Jan. 15 closed out a stock offering after selling $2 billion in shares, exceeding its initial plan to raise approximately $1.5 billion to $1.75 billion from investors, the company reported in a release. I continued looking for new things I hadnt done yet., From there she became CFO of the dating site Zoosk, her first experience working in a private company, a start-up, and a consumer web company. The approach was not only unique (at least thus far, Im sure it wont be long before others follow suit), it also highlighted our mission of making video communications frictionless, and underscored why video is the future of communications. (Her father was a CPA.) . They will ultimately make you and your team better., As the business world starts to transition to more in-office or hybrid working arrangements, Kelly says Zoom is keeping pace. Can you share a story? According to this report in CNBC, less than 17 percent of senior positions in investment banks are held by women. Only the transactions in Open Market or Private Sale at the market prices are included. This chart shows Kelly Steckelberg's buying and selling at Zoom Video Communications by year and by quarter. We were watching very closely what was happening. In August, Zoom announced year-over-year revenue growth of 150 percent and a customer base increase of 100 percent. Zoom has shown incredible growth over the past couple of years. Though she grew up in a small-town Texas her high school graduating class had all of 15 students the high-profile Silicon Valley player skillfully climbed the corporate ranks, rising from a financial controller role at WebEx to a brief stint as CEO of dating app Zoosk. We were just starting our fiscal year and basically, six weeks into it, the budget was out the window because it didnt make any sense anymore., Leadership quickly implemented some major operational changes in response. Then the pandemic hit. Qualtrics International Inc (XM) Ive had the pleasure of working with Eric and several other members of Zooms leadership in the past, and am thrilled to join them in continuing the amazing success story that is Zoom. , Analysts had estimated $1.1 billion. We announced a string of major milestones this year, starting in January with a $100M Series D funding round from Sequoia, and the addition of Sequoia partner Carl Eschenbach to our board of directors. she is best known for being the chief financial officer at Zoom Video Communications. Eric Yuan, CEO of Zoom, published an open letter on 7th April detailing the company's Formerly the CEO of Zoosk and . and the teen vows her mom's going to jail over it. Information on this page was last updated on 2/9/2023. A Professional theme for architects, construction and interior designers This article appeared in the summer 2021 issue of McCombs magazine. Greg Tomb. The shares were sold at . The company used that money in 2021 to make shrewd investment decisions led by CFO Kelly Steckelberg to power some of the biggest travel and meetings moves of the year: Cvent going public via a special purpose acquisition company and American . Steckelberg has stayed connected to McCombs by hosting dialogues on womens business leadership and sharing her story as part of the Undergraduate Business Councils VIP Speaker Series. I would tell my adult children, dont be afraid of a little well-managed debt in service of building credit. Id advise them to open a credit card or two, use it regularly, but pay it off each month in full, on time and without fail. The company's cloud-native platform enables face-to-face video and connects users across various devices and locations in a single meeting. Since then, she's been clearing a path to profitability. Funeral Service will be held on August 17, 2021 at 12:00 p.m. at Northview-North Mankato Mortuary. The oceanfront property currently contains a shabby midcentury beach cottage, originally built circa 1955, but the sellers made no secret that the neglected structure is a teardown. Funeral Service will be held on August 17, 2021 at 12:00 p.m. at Northview-North Mankato Mortuary. You learn the fastest by jumping in! of 1,346,152 shares made by Eric S. Yuan By April 2020, that number grew to a staggering 300 million. The estimated net worth of Kelly Steckelberg is at least $499,753.00 as of September 1st, 2021. , They probably could be indicative of how a person works and whats important to them. She advises not to rush, but to take the time to find the right person. After graduating from UT, I spent several years at KPMG, where I had the opportunity to gain great exposure to a wide variety of companies and industries. Head of Global Support & Services. Wilhelmine Steckelberg emigrated with Johann Steckelberg to New York in 1868. Is there a particular person who you are grateful towards who helped get you to where you are? Biography of Kelly Steckelberg. She set up a candy jar on her desk in her makeshift office. Resolve to give your team a better accounts payable software user experience in 2023. Pres. You might contact Kelly Steckelberg via mailing address: C/o Zoom Video Communications, Inc., 55 Almaden Boulevard, 6th Floor, San Jose Ca 95113. It was one of the hardest jobs Ive ever done, but it was amazing and rewarding in the end. It has also given organizations an impetus to ensure the diversity of the workforce more closely mirrors that of society and its customer base. Mike took a chance on hiring me because I didnt have a SaaS background at the time, but he trusted I could learn the market. Presently, Kelly S. Steckelberg is Chief Financial Officer at Zoom Video Communications, Inc. Ms. Steckelberg previously occupied the position of Senior Director-Consumer . As CFO of Zoom, the Silicon Valley video communications giant, she and other company leaders had been watching the approaching coronavirus storm and anticipating the disturbance it might unleash. Kelly Kay. Zoom CFO Kelly Steckelberg joins CNBC's 'Squawk Box' to react to the company's first-quarter earnings results and breaks down its post-pandemic transition pl. That was a bit below the 216,587 . She has a MA in accounting from The University of Texas at Austin. Analysis of the popular Formula One Nexflix series "Drive to Survive" Season Five on an episode-by-episode basis. of Learn More about Kelly Steckelberg's net worth. Kelly Steckelberg is the CFO & Treasurer at Zoom Video Communications Inc. As the CFO & Treasurer of Zoom Video Communications Inc, the total compensation of Ms Steckelberg at Zoom Video Communications Inc is $427,500. of Engineering & Product Velchamy Sankarlingam Well have to wait and see if that is indeed what Steckelberg decides to build. Steckelberg was drawn by the opportunity to work with Yuan again and the chance to achieve her ambition of helping take the company public. Kelly Steckelberg. GuruFocus.com is not operated by a broker or a dealer. Learn More on Kelly Steckelberg's trading history. To learn more about how she has adapted to change throughout her career, watch the completeKelly Steckelberg Path to Becoming a CFO talk. There are many things that make Zoom stand out as a company, but chief among them are our rate of growth, especially at scale, combined with our profitability and positive cash flow. Most recently, she was CEO of Zoosk, where she previously held positions of CFO and COO. Kelly had worked with Zoom's CEO, Eric Yuan, at WebEx, and she wanted to transition to a role as a public company CFO. After I left KPMG, I gravitated toward tech and spent more than a decade in various financial roles with tech companies, including PeopleSoft, Epiphany, Webex, and Cisco (which acquired Webex). sale She chose the latter. 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